Reuters: Angola News

WAfrica Crude-Nigerian values firmer as cargoes committed

Mon, 09 Nov 2009 15:53:41 +0000

* Qua Iboe slightly higher: dated BFOE plus $1.50 vs $1.40

ANALYSIS-Angolan oil output to surge over next 5 years

Mon, 09 Nov 2009 12:00:31 +0000

* Angolan oil output could rise by two thirds in five years

FACTBOX-Angola plans surge in oil output

Mon, 09 Nov 2009 11:59:50 +0000

Nov 9 (Reuters) - Angola's oil industry is booming as investment increases after the end of three decades of war and oil industry officials say crude oil production could increase by as much as two thirds over the next five years.

BRIEF-Soccer-Angola's Manucho says sorry to coach, team, nation

Mon, 09 Nov 2009 11:38:18 +0000

LUANDA, Nov 9 (Reuters) - Angolan striker Manucho, suspended from the national team for arriving late for training, apologised on Monday in the hope of making it back to the squad.

Angola to put extra oil revenues in wealth fund-report

Mon, 09 Nov 2009 09:57:00 +0000

LUANDA, Nov 9 (Reuters) - Angola's government sees the $58 per barrel reference oil price in the 2010 budget as very prudent as prices should trade much higher next year, and will use the extra money for a wealth fund, a newspaper reported.

DIARY-Southern & South Africa to December 2009

Mon, 09 Nov 2009 05:00:17 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

Zambia says eight firms bid for oil exploration

Sun, 08 Nov 2009 13:12:16 +0000

* Four foreign firms put in bids for oil, gas exploration

Convicted son of France's Mitterrand plans comeback

Sat, 07 Nov 2009 11:46:44 +0000

* Wants to work as consultant on African business deals

WAfrica Crude-Nigerian steady as Qua Iboe trades

Fri, 06 Nov 2009 16:59:21 +0000

* Angolan Dec cargoes nearly cleared, Asian demand picks up

Angola says converting savings into U.S. dollars unlawful

Fri, 06 Nov 2009 11:59:36 +0000

LUANDA, Nov 6 (Reuters) - Angola's central bank on Friday said it was unlawful for citizens to convert their savings in kwanzas, the local currency, into U.S. dollars in a bid to prevent the kwanza from depreciating against the greenback.